Noteworthy Monday Option Activity: STNG, HES, ZS
July 15, 2024 at 15:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scorpio Tankers Inc (STNG), where a total volume of 12,705 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 167.6% of STNG's average daily trading volume over the past month, of 757,950 shares..